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Wednesday, February 27, 2019 2:59:03 PM
Because the biofloc system can't produce fish in this density that survive in the numbers they can with shmp's electrocoagulation system.
Nor can they operate it at the low cost and low manpower that SHMP'S system can do.
So either way it's a win win.
Because this system is so much more efficient and cost worthy and produces more fish per tank of the same size.
Keep all this in mind.
The Harbinger report that said the company would be worth 2.16 within a year as long as the patent proved effective said it was at 40 percent discount at modest success.
I did a little math and come up with 60/100=2.16/x giving me a best of $3.60 a share at full viability.
That isn't to say the stock wouldn't be worth much more.
the report also said, of course, that if the test proved unsuccessful completely, the company would probably go under.
And with all that in mind my theory is there will be, or may already be on the table buyout offers and that price would be dependent on the viability scale...lower or higher...because either way, this technology allows a huge company, like say a Tysons, to cut out the wholesaler and open their own farms around the country, and remove the issues with the contaminated fish coming in from the far east.
Recent SHMP News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/17/2024 09:31:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:30:30 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:31:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 11:30:31 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:56:11 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 10:01:21 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/08/2023 03:52:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/18/2023 08:31:49 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/15/2023 04:15:19 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 09:20:31 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/11/2023 08:52:47 PM
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